About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Briefs

UK Accelerated Settlement Task Force Releases Draft Recommendations for Transition to T+1 Settlement

Subscribe to our newsletter

The T+1 Technical Group (TGT) of the UK Accelerated Settlement Task Force (AST) has published its proposed recommendations for the UK’s transition from a T+2 to a T+1 securities settlement cycle. The draft recommendations, focusing on enhancing efficiency and reducing risk in equity market settlements, are open for consultation until 31 October 2024.

The global shift toward a T+1 settlement cycle aims to bring quicker and more efficient settlements through enhanced automation, expected to become standard practice within five years. Following the UK government’s commitment to move to T+1 by 31 December 2027, this interim report outlines key recommendations for market participants and invites feedback. The final report, expected in December, will incorporate stakeholder feedback and outline detailed timelines and guidance for the transition.

“This interim report is a key milestone in the UK’s journey to T+1 settlement and I’d like to extend my gratitude to all those involved in crafting this report and providing the depth of industry expertise needed to shape these draft recommendations,” says Andrew Douglas, Chair of the T+1 Technical Group. “As an independent, inclusive working group, supported by the public authorities, I’m calling on all market participants to engage in this consultation so that together we can ensure the final recommendations for implementation reflect the full spectrum of industry needs.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Solving the data management challenges of FRTB

Despite the compliance deadline of the Fundamental Review of the Trading Book (FRTB) being pushed back to January 2022 by many national regulators, the time to address the data management challenges of the regulation is now. The webinar will discuss key elements of FRTB – including risk models, liquidity horizons and data sourcing for risk calculations,...

BLOG

Banks Should Optimise Collateral in 2026 to Lay the Groundwork for Greater Efficiency and Innovation

By James Pike, Chief Revenue Officer and Head of Strategy, Taskize. Collateral teams have been tested in 2025. Banks have weathered multiple bouts of high volatility, including the fallout from ‘Liberation Day’ and sell-offs over fears of a possible AI bubble. Sharp spikes in volatility across multiple asset classes have the potential to disrupt collateral...

EVENT

Eagle Alpha Alternative Data Conference, Fall, New York, hosted by A-Team Group

Now in its 8th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

AI in Capital Markets Handbook 2026

AI adoption in capital markets has moved into a more disciplined phase. The priority is now controlled deployment: where AI can be used safely, where it can deliver measurable value, and how outputs can be governed, monitored and evidenced. The 2026 edition of the AI in Capital Markets Handbook examines how AI is being applied...